2024-03-23 13:08:07 ET
Summary
- Lattice Semiconductor Corporation experienced impressive growth the past, but growth decelerated in 2023 and is expected to be negative in 2024.
- The company continues to expand its FPGA product portfolio, introducing the low-power Nexus and mid-range Avant-G and Avant-X solutions.
- We explore how Lattice can capitalize on AI-driven applications and how that could improve the company's growth prospects going forward.
In our previous assessment of Lattice Semiconductor Corporation ( LSCC ), we delved into the remarkable upsurge of the company's growth in 2022, which surged at an impressive 28.1%, fuelled by robust performances in the Communications & Computing (26.1%) and Industrial & Automotive (41.2%) segments, where Lattice expanded its product portfolio and increased its competitiveness. We believed these factors enabled the company to edge out other competitors. Additionally, our analysis indicated its growth was supported by the rising use of low-power FPGAs in EVs....
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Lattice: Buy For The Long-Term Despite Short-Term Headwinds